74 Malakoff Street, Marrickville, NSW 2204

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Auctioned

Auctioned for $1,770,000 (May 13, 2020)

Excellent investment prospect in the heart of Marrickville

This freestanding property, comprising two separate apartments, presents an exceptional buying or investment opportunity. Located in Marrickville, both properties offer two bedrooms, gas kitchens, and separate sunrooms. At the rear of the property is a shared yard with access to Convent Lane. There is excellent scope to update and enhance to add future value. Offering superb lifestyle convenience, the property is close to the bustling Marrickville shopping precinct which comprises a multitude of trendy cafes, multicultural eateries, and boutique shopping options. CBD transport options, parklands, and local schools are all close by.



Freestanding property comprising two self-contained apartments

Outstanding investment opportunity, live in one or rent both

Each apartment comprises two bedrooms, sunroom, and gas kitchen

Scope for future updates and enhancements to add further value

Positioned on 259 sqm block with spacious yard at rear and side access

Popular location, an easy walk to train services at Marrickville Station

Trendy cafes, local eateries, boutique shopping, and wine bars close by



Suburb Profile: Marrickville, 2204

Marrickville has gained a reputation as an ideal place to live thanks to its excellent lifestyle amenities, cultural diversity, and handy transport links. Adding to the area’s popularity has been the recent increase in new cafes, wine bars and specialty stores that has given the area a hip, eclectic feel. Marrickville is located just 7km southwest of the CBD, 6km from the airport and is central to the very best of the Inner West.



Agent: Filippo D’Arrigo 0416 118 621

Raine&Horne Marrickville 02 9560 7599

http://www.raineandhorne.com.au/marrickville

We Know Your Area
R&H Suburb Profile: Marrickville

R&H Suburb Summary Houses
Number of sales 209
Average Price $1,387,075
Median Price $1,425,000
Median Rental Price $750 p.w.
Change in Rental Rate (5yr) 7 %
R&H Suburb Summary Units
Number of sales 270
Average Price $827,510
Median Price $790,500
Median Rental Price $500 p.w.
Change in Rental Rate (5yr) 11 %
Marrickville, NSW - Median Trend
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